Manager – Market Risk – CA Impeccable HR Consulting

The Corporate Institute; Bengaluru; On-site; INR 2,000,000 - 3,500,000; Full time

Job summary

The Corporate Institute is seeking a Manager-Market Risk to join our Risk department at Head Office. You will lead daily liquidity reporting, stress testing, and regulatory submissions to RBI, while collaborating with ALCO, Finance, IT, and Treasury.

The role demands at least five years in risk management within banking or NBFCs, an MBA in Finance or Risk management or CA, and FRM/PRM certification. You will design risk frameworks, supervise a team, and ensure compliance with evolving RBI

Qualifications

• MBA in Finance or Risk management / CA is required.
• Minimum 5 years of experience in Risk Management in Banking or NBFCs.
• FRM/PRM certification is required.
• Knowledge of LCR, NSFR, SLS, IRS and RBI policies is necessary.
• Strong risk management fundamentals and regulatory compliance awareness.

Responsibilities

• Prepare daily liquidity-related RBI returns for internal and regulatory stakeholders.
• Forecast liquidity and funding mismatch; monitor ALM and LCR.
• Ensure timely submission of RBI returns (BLR, SLS, LR) and regulatory reports.
• Collaborate with ALCO, Finance, IT, Treasury, Front/Back office and other stakeholders.
• Oversee audit responses and drive adherence to risk policies and governance.

Skills

Market risk

Liquidity risk

Regulatory reporting

ALCO coordination

Risk modeling

Stakeholder management

Data analysis

Education

MBA in Finance

Chartered Accountant

Job description

Manager-Market Risk – Job Description

I. POSITION DESCRIPTION

JOB TITLE: Manager-Market Risk

GRADE: CM

DEPARTMENT: Risk

LOCATION: Head Office

SUB-DEPARTMENT: Risk

TYPE OF POSITION: Full-time

REPORTS TO: Chief Risk Officer

REPORTING INTO: Specialist – Market Risk

II. ROLE PURPOSE & OBJECTIVE

• To prepare and submit RBI returns for Liquidity- LCR, SLS, NSFR, IRS etc.
• Ensure tracking and closely monitoring liquidity and balance sheet mismatch risk for the Bank.
• Undertaking Liquidity stress testing and scenario wise analysis.
• Monitoring of Regulatory Ratios.
• Work as a part of ALCO Support Group and extend the attend to RMCB related requirements.
• Handling RBI Audit, Internal Audit and compliance.

III. SIZE OF THE ROLE

FINANCIAL SIZE: NON-FINANCIAL SIZE

CAPEX / OPEX Budgets resting with the role: N/A

Total Buying / Procurement: N/A

Total Revenue: N/A

Portfolio Managed: Rs. 25,000 crores (Banks Balance Sheet)

Number of vendors / consultants: 2 to 3 external consultants

Number of portfolio products: NA

Volume of products and services: Rs. 25,000 crores (Banks Balance Sheet)

Quantity of equipment / stocks / projects / etc.: NA

Credit files received / underwritten: N/A

Volume of new hires onboarded: N/A

Volume of recruitment etc.: 1

IV. KEY DUTIES & RESPONSIBILITIES OF THE ROLE

1. Business/ Financials:

• Preparation of Daily Liquidity related returns to internal and regulatory stakeholders.
• Forecasting Liquidity and funding mismatch.
• Timely submission of all Liquidity related RBI Returns- BLR, SLS, LR.
• Monitor the regulatory reports using different stress levels and provide alternative solutions to refrain from regulatory breaches.
• Recommendations to ALCO members for better management of ALM and LCR related issues.
• Pro-actively identify key Risks and monitor the ability of the Bank to withstand negative shock.

2. Customer:

• Handle the Market Risk team and direct the team towards achieving their goals.
• Work in Co-ordination with Finance, IT, Treasury Front and Back office and other stake holders.
• Attend to Compliance and Audit related Queries and work towards reduction of the observations /gaps identified.
• Drive communication of all risk related policies, guidelines, latest developments across the bank to facilitate compliance to it.

3. Internal Process:

• Ensure timely and accurate delivery of Market Risk reports, interpret the information and suggest actions for consideration by Senior Management.
• Participate in scheduled meetings of ALCO / Risk Management Committee (for Market risk only).
• Proactively work on the monthly or quarterly regulatory reporting on risk related aspects.
• Ensure the committee recommendations are documented and implemented effectively.
• Provide inputs for collating Risk Based Supervision and liquidity related regulatory disclosures.

4. Innovation & Learning:

• Build a capable team who can design and monitor the risk framework.
• Maintain current knowledge of laws and regulations, keeping abreast with the most recent developments in regulations, notifications and circulars and disseminate the information regarding new regulatory developments.
• Develop, coordinate and impart a multifaceted educational and training program that focuses on the elements of risk and related compliance program, and seeks to ensure awareness creation.
• Maintain a knowledge base of strategy failures and implications, provide advice on preventive actions.
• Ensure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self and team.
• Participate in industry level discussions to debate on the regulations or the best practices of market and liquidity risk management.

V. MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational Qualifications: MBA in Finance or Risk management/ Chartered Accountant.

Experience: At least 5 years of experience in Risk Management from a Nationalized Bank/ Private Sector Bank/Large NBFCs.

Certifications: FRM/PRM certification.

Functional Skills: Understanding of the business, market risk, Liquidity risk, treasury operations, Treasury dealing, operational risk and other risks in the Bank.

• Knowledge of LCR, NSFR, SLS, IRS.
• Knowledge of undertaking various stress testing.
• Knowledge of RBI polices/guidelines relevant to SFBs with respect to Treasury.
• Good understanding of Risk Management principles & thorough understanding of the evolving practices for the management of market risk and regulatory requirements.
• Adapt at influencing policy changes for commercial advantage or basis regulation.
• Strong conceptual thinking ability to design complex mathematical models for explaining and predicting business metrics.
• Ability to apply mathematics to analyses complex data and develop conclusions and recommendations.
• Efficient and effective management of the data, reporting and analytical systems.

Behavioral Skills: Interpersonal communications, Stakeholder management.